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Reverse mortgage
Essay specific features
Written by:
Rocky G
Date added:
July 31, 2014
Level:
Grade:
A
No of pages / words:
22 / 5967
Was viewed:
2622 times
Rating of current essay:
Essay content:
It is a type of loan used by older consumers as a way of converting their home equity into cash flow while retaining ownership and possession of the property.
The reverse mortgage is aptly named because the payment stream is "reversed." Instead of making monthly payments to a lender, as with a regular mortgage, a lender makes payments to you...
displayed 300 characters
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It is a type of loan used by older consumers as a way of converting their home equity into cash flow while retaining ownership and possession of the property.
The reverse mortgage is aptly named because the payment stream is "reversed." Instead of making monthly payments to a lender, as with a regular mortgage, a lender makes payments to you...
displayed 300 characters
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